Stock markets continue to show a strong recovery. 365 and 135 moving averages also indicate an uptrend, and Stochastic Oscillator signals oversoldness. If the price remains above the resistance level of 30.600, it will continue further up.
Trading recommendations:
Buy above 30.60.
Stop loss: 29.73.
The target is 32.50. …
The currency pair is trading in the range of the 1.7120 resistance level. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overboughtness. A breakout of the round intermediate level of 1.7050 will result in the formation of a descending pattern of 1-2-3.
Trading recommendations:
Sell below 1.7050 …
If the Fed’s meeting results in a decision to preserve the soft monetary policy aimed at the recovery of the national economy, and Jerome Powell confirms it at the press conference, expect the US dollar to resume decline.
Technical side:
The price is above the middle Bollinger band, above …
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